Althouse: "Apple has more cash on hand than the US government."

July 30, 2011

"Apple has more cash on hand than the US government."

"The Treasury reported a total operating cash balance of $73.768 billion, while Apple is reported to be holding $75.876 billion according to Apple Insider."

17 comments:

traditionalguy said...: Apparently Apple has a Jobs program.; 7/30/11, 6:46 AM
Triangle Man said...: Give it a week and Meadehouse will have more cash on hand than the US government.; 7/30/11, 6:47 AM
rhhardin said...: Apple's cash is probably in Treasuries.; 7/30/11, 6:51 AM
Curious George said...: Yeah, but the US Government is coming out with a 4G phone than has a 12 megapixel camera with Carl Zeiss optics, Integrated GPS, Web browsing with touch control, FLASH. and home screen access to Facebook and Twitter. And the commerce clause. So no worries.; 7/30/11, 6:52 AM
Brian Brown said...: Apple has products America actually wants.; 7/30/11, 7:37 AM
shirley elizabeth said...: Not just America. Apple has products everyone want. If only...; 7/30/11, 10:29 AM
MikeinAppalachia said...: Old "joke"-What is the difference in the Boy Scouts and the US Government? The Boy Scouts have adult leadership.
Apple has adult leadership.; 7/30/11, 10:35 AM
edutcher said...: Apple has a business model that works.

The US hasn't since Taft.; 7/30/11, 10:45 AM
G Joubert said...: You'd think Steve Jobs would be worth a lot more than a measly 8 billion.; 7/30/11, 10:48 AM
Anonymous said...: I can see the commercial now, with the cool Apple kid versus the broke fed.; 7/30/11, 11:07 AM
shirley elizabeth said...: That's it. I'm moving to Apple.; 7/30/11, 11:15 AM
n.n said...: Brilliant, traditionalguy!; 7/30/11, 12:32 PM
BJM said...: Another eeeeevilll corporation off-shoring manufacturing, raping Gaia's resources and hoarding cash.; 7/30/11, 12:51 PM
Penny said...: What the people make, the Government takes.

How else would they get $73 billion? I mean it's not like they make anything.; 7/30/11, 1:07 PM
george said...: My couch cushions have more cash than the US government.; 7/30/11, 2:18 PM
galdosiana said...: Well, looks like the liberals have another big, rich corporation to protest.

Oh...; 7/30/11, 3:26 PM
The Dude said...: I found $600 in my house the other day. Given my lack of financial obligations, I have more money than the government.; 7/30/11, 7:57 PM